40 Columbus Ave Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,625,000 - $1,870,787
6
Beds
4
Baths
2,963
Sq Ft
$586/Sq Ft
Est. Value
About This Home
As of December 2015LOCATION! LOCATION! LOCATION! Situated on historic Prospect Hill in the heart of Union Sq, this is a rare opportunity to own a truly one of a kind home in one of Somerville's HOTTEST areas, just steps to the proposed green line extension. This home has been meticulously maintained and lovingly cared for by the same family for nearly 40 years! Exterior features include a durable slate roof, newer gutters, amazing views of Prospect Hill Tower, a beautiful patio area and an incredible peach and pear orchard! Unit 1 features high ceilings, hardwood flooring, eat in kitchen and oversized rooms. Unit 1 will be vacant Nov 1st. The owner's unit boasts gleaming hardwood floors, large eat in kitchen, lots of closet space, generously sized rooms, 3 Bathrooms PLUS AN IN-LAW w/full, spacious eat in kitchen!!!!! This is the BEST multi-family opportunity in Somerville!!
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2019
Sold by
Hume Scott P and Hume Mary L
Bought by
Hume Mary L
Current Estimated Value
Purchase Details
Listed on
Sep 8, 2015
Closed on
Dec 21, 2015
Sold by
Rosario Augusto R and Rosario Maria M
Bought by
Spadea Vincent
Seller's Agent
Michelle Joslin
Leading Edge Real Estate
Buyer's Agent
Todd Mikelonis
Charlesgate Realty Group, llc
List Price
$850,000
Sold Price
$905,000
Premium/Discount to List
$55,000
6.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$724,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 1, 2015
Sold by
Rosario Augusto R and Rosario Maria M
Bought by
Rosario Augusto R and Rosario Maria M
Purchase Details
Closed on
Feb 24, 2011
Sold by
Rosario Augusto R and Rosario Maria M
Bought by
Rosario Augusto R Est
Similar Homes in Somerville, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hume Mary L | -- | -- | |
| Spadea Vincent | $905,000 | -- | |
| Rosario Augusto R | -- | -- | |
| Rosario Augusto R Est | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spadea Vincent | $638,000 | |
| Previous Owner | Spadea Vincent | $200,000 | |
| Previous Owner | Spadea Vincent | $832,000 | |
| Previous Owner | Spadea Vincent | $724,000 | |
| Previous Owner | Rosario Augusto R | $314,000 | |
| Previous Owner | Rosario Augusto R | $250,000 | |
| Previous Owner | Rosario Augusto R | $90,000 | |
| Previous Owner | Rosario Augusto R | $115,000 | |
| Previous Owner | Rosario Augusto R | $54,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2015 12/21/15 | Sold | $905,000 | +6.5% | $305 / Sq Ft |
| 10/19/2015 10/19/15 | Pending | -- | -- | -- |
| 09/08/2015 09/08/15 | For Sale | $850,000 | -- | $287 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,279 | $1,583,800 | $609,200 | $974,600 |
| 2024 | $16,072 | $1,527,800 | $609,200 | $918,600 |
| 2023 | $15,633 | $1,511,900 | $609,200 | $902,700 |
| 2022 | $14,607 | $1,434,900 | $580,200 | $854,700 |
| 2021 | $13,689 | $1,343,400 | $552,600 | $790,800 |
| 2020 | $12,898 | $1,278,300 | $531,400 | $746,900 |
| 2019 | $12,363 | $1,149,000 | $462,000 | $687,000 |
| 2018 | $11,186 | $989,000 | $420,000 | $569,000 |
| 2017 | $10,719 | $918,500 | $396,300 | $522,200 |
| 2016 | $9,049 | $722,200 | $362,400 | $359,800 |
| 2015 | $9,048 | $717,500 | $360,500 | $357,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Joslin
Seller's Agent in 2015
Michelle Joslin
Leading Edge Real Estate
(781) 760-7865
49 Total Sales
-
Todd Mikelonis
T
Buyer's Agent in 2015
Todd Mikelonis
Charlesgate Realty Group, llc
(857) 383-3125
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71899819
APN: SOME-000073-E000000-000003
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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